Evening star. [volume] (Washington, D.C.) 1854-1972, 1887-03-25
THE RAILROAD NEGOTIATIONS,
Nothing Definite Yes Allowed TO l3ecoKss
Public.

The negotiations In the railroad deal seemed to
be NO nearer consummatfon yesterday than on the
day previous. Nevertheless, the usual compile
ment OF rumors were put afloat and the usual
amount of contradictory talk INDUCED In In Wall
street. One New York dispatch said: The devel-
opments in the Baltimore and Ohio matter all
point to the Atchison CO., as the party most
directly interested in acquiring control Irving A.
Evans, who created furry by his buying Of
Atchison stock In Boston to-day, is in New york
now, attending a conference with the Ives
Stayner party. Dow, Jones Co., published
the following announcement, for which
they state they have the best authority ::
'srhe Baltimore and Ohio option now held by the
Cincinnati, Hamilton and Dayton syndicate Is for
the purchase Of the control OF Baltimore and Ohio
stock at $175 per share. The syndicate has paid
$1OO. 600 for the privilege OF investigating the
property. This is the only payment thus Tar
going on, and is expected to be finished in a lew
days. The option expires next week. Christopher
Meyer is in the syndicate as well as Ives Stayner
and several other large capitalists whose names
are withheld for the present. The name OF the
corporation or interest which win operate the Bal
be the Cincinnati Hamilton and Dayton or Penn
sylvania Railroad nor Mr. Could" The ives-Stay-
ner people would say nothing about this report,
except to deny that they held an ''option.n
President Garrett, Mr.. John K. Cowen and Vice
President Thomas NJ. King, Of the Baltimore and
he and the
deal were for the hour transferred to that city.
Mr. Garrett before he left, unbent little to some
OF his confidential friends in Baltimore and as
Sured them that s'eyeryth1ng was moving along
satisfactorily in the negotiations"
The sales OF Baltimore and Ohio stock In Balti-
more yesterday aggregated 343 shares at ITO to
III. The mystery surrounding the deal is probably
being made OF by the stock operators In various
directions. One of these was in the shape of
rumored raid on the securities OF the Cincinnati
Washington and Baltimore, the Line between
Parkersburg and Cincinnati, which the Baltimore
and Ohio controlled until recently and then let
go. Mr.. Garrett was credited with selling down
the market for these securities 80 as let the new
syndicate get control OF the road. These securf-
ties however, more than recovered yesterday what
they lost on Wednesday, and the market for them
was strong.
The Baltimore SUMS New York special saws: aIt
was stated by member OF the Ives-Stayner party
to-day that they have an option On Mr. CARROTS
stock at u.s. and have paid 100000 down: that
they are now engaged in examining into the con-
dtt1On OF the property. II this examination Is
satisfactory, full payment will be made, and the
stock transferred otherwise 600 win be re-
turned, and the negotiations will fall through.
Christopher Myer It Is stated is in the syndicate
as well as other capitalists whose names are with
held as well as the other details. 1t is believed
that Irving A. Evans OF Boston, who Is credited
with manipulating the advance in AtchisOn To-
peka. and Santa Fe, is in the Ive3-Stayner Syndi.
cate. Alfred Sully denied the truth OF the dis
patch from Baltimore that he had forfeited $780,
600 to MI. Garrett by his failure to make good his
option.